April 25, 2018 / 8:20 PM / 3 months ago

AMD first-quarter revenue rises 40 pct

April 25 (Reuters) - Advanced Micro Devices Inc’s first-quarter revenue rose 40 percent, led by higher sales of its graphics chips used in computers and data centers.

The company reported on Wednesday a net income of $81 million, or 8 cents per share, in the quarter ended March 31, compared with a net loss of $33 million, or 4 cents per share, a year earlier.

The Santa Clara, California-based company’s revenue rose to $1.65 billion from $1.18 billion. (Reporting by Muvija M in Bengaluru; Editing by Arun Koyyur)

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